Thomson Reuters FILE PHOTO: Logo of General Electric Co. is pictured at the Global Operations Center in San Pedro Garza Garcia
(Reuters) – U.S. industrial conglomerate General Electric Co reported a $666 million profit for the fourth quarter, recovering from the $23 billion charge it took three months ago as it began restructuring under a new chief executive.
On a per share basis, GE reported profit from continuing operation of 8 cents, compared with a loss of $1.29 cents per share a year ago. On an adjusted basis, GE earned 17 cents per share.
(Reporting by Rachit Vats in Bengaluru; Editing by Saumyadeb Chakrabarty)